The Tel Aviv Stock Exchange (TASE) has launched options on non-linked shekel-denominated government bonds. The launch will fulfill the demand for hedging instruments in the fixed-income market, said Ester Levanon, CEO of TASE. The exchange will be designating market makers so that there is a liquid market for the derivative products from the start.

The options will be launched on two series of government bonds, series 0120 maturing in January 2020 and series 0217 maturing in February 2017. Trading will begin on November 10.

Click here for the release from Business Wire.